European pork prices

Everything worth knowing before the next VEZG decision

πŸ‡©πŸ‡ͺ

VEZG

German Reference

€1.45

β€” 0.00

€/kg SG Β· effective 7 October

52-week range €1.40 – €1.70

Next decision

Wednesday 14 October

In 6 days

Balance of evidence

Neutral

€1.35€1.42€1.50€1.58€1.6515 Jul29 Jul12 Aug26 Aug9 Sept23 Sept7 Oct

Quotation methodologies differ β€” carcass grading, delivery terms and units are not the same across markets β€” so these series are indicative and not directly comparable.

πŸ‡©πŸ‡ͺ

VEZG

German Reference

1.45

EUR Β· €/kg SG

β€” 0.00

πŸ‡³πŸ‡±

Vion

Vion Group

βˆ’0.24

1.21

EUR Β· €/kg

β€” 0.00

πŸ‡³πŸ‡±

DCA

Dutch Quote

βˆ’0.11

1.34

EUR Β· €/kg

β€” 0.00

πŸ‡©πŸ‡°

Danish Crown

Denmark

6.90

DKK Β· DKK/kg

β€” 0.00

πŸ‡ͺπŸ‡Έ

Mercolleida

Spanish Market

1.29

EUR Β· €/kg live

β–Ό βˆ’0.02

Effective 1 OctΒ· 7d agoStale
πŸ‡¨πŸ‡³

China

Β₯/kg

12.14

CNY Β· Β₯/kg

β–Ό βˆ’0.08

πŸ‡ͺπŸ‡Ί

EU Class E Pigmeat

European Commission Class E pigmeat reference

1.55

EUR Β· €/kg carcass

β–Ό βˆ’0.05

πŸ‡¦πŸ‡Ή

Austria Class E Pigmeat

European Commission Class E pigmeat reference

1.75

EUR Β· €/kg carcass

β–Ό βˆ’0.10

πŸ‡§πŸ‡ͺ

Belgium Class E Pigmeat

European Commission Class E pigmeat reference

1.47

EUR Β· €/kg carcass

β–Ό βˆ’0.07

πŸ‡©πŸ‡ͺ

Germany Class E Pigmeat

European Commission Class E pigmeat reference

1.55

EUR Β· €/kg carcass

β–Ό βˆ’0.05

πŸ‡©πŸ‡°

Denmark Class E Pigmeat

European Commission Class E pigmeat reference

1.14

EUR Β· €/kg carcass

β€” 0.00

πŸ‡ͺπŸ‡Έ

Spain Class E Pigmeat

European Commission Class E pigmeat reference

1.71

EUR Β· €/kg carcass

β–Ό βˆ’0.02

πŸ‡«πŸ‡·

France Class E Pigmeat

European Commission Class E pigmeat reference

2.06

EUR Β· €/kg carcass

β€” 0.00

πŸ‡³πŸ‡±

Netherlands Class E Pigmeat

European Commission Class E pigmeat reference

1.09

EUR Β· €/kg carcass

β–Ό βˆ’0.04

πŸ‡΅πŸ‡±

Poland Class E Pigmeat

European Commission Class E pigmeat reference

1.47

EUR Β· €/kg carcass

β–Ό βˆ’0.11

Our call

Fair value

€1.58

Forecast

€1.60

€/kg SG

Confidence

72%

VEZG remains €1.60/kg SG (carcass weight), effective 3–9 September, with the Preisspanne unchanged at €1.60–€1.70. Danish Crown is unchanged at DKK 6.90/kg for Week 37, Vion is unchanged at €1.36/kg for Week 36, while Mercolleida/Bellpuig Porc Normal increased €0.30 to €136.30/100 kg live for Week 37.

UNCHANGED / SLIGHTLY BEARISH UNDERCURRENT. Germany’s live market remains balanced, but slaughter weight rose 0.4 kg to 97.8 kg and supply is gradually increasing. Meat demand is steady rather than improving materially. Danish Crown also reports pressure on bone-in cuts and warns that Europe’s structural oversupply may be returning.

Track record1 of 3 within one cent

W35

1.60 / 1.60

βœ“

W38

1.60 / 1.45

βœ—

W38

1.60 / 1.45

βœ—

Week by week

SeriesW34W35W36W37W38W39W40W41 Β· nowΞ”
πŸ‡©πŸ‡ͺVEZG1.601.601.601.601.451.451.451.45βˆ’0.15
πŸ‡³πŸ‡±Vion1.361.361.361.361.361.211.211.21βˆ’0.15
πŸ‡³πŸ‡±DCA1.341.341.341.341.341.341.341.340.00
πŸ‡©πŸ‡°Danish Crown0.920.920.920.920.920.920.92Β·0.00
πŸ‡ͺπŸ‡ΈMercolleidaΒ·1.361.361.361.341.311.29Β·βˆ’0.07
πŸ‡¨πŸ‡³ChinaΒ·1.59Β·Β·1.58Β·Β·Β·βˆ’0.01
πŸ‡ͺπŸ‡ΊEU Class E Pigmeat1.631.641.641.641.601.55Β·Β·βˆ’0.08
πŸ‡¦πŸ‡ΉAustria Class E Pigmeat1.871.871.871.861.851.75Β·Β·βˆ’0.12
πŸ‡§πŸ‡ͺBelgium Class E Pigmeat1.541.541.541.541.541.47Β·Β·βˆ’0.07
πŸ‡©πŸ‡ͺGermany Class E Pigmeat1.691.691.691.691.601.55Β·Β·βˆ’0.14
πŸ‡©πŸ‡°Denmark Class E Pigmeat1.151.161.141.161.141.14Β·Β·βˆ’0.01
πŸ‡ͺπŸ‡ΈSpain Class E Pigmeat1.671.701.721.701.731.71Β·Β·+0.04
πŸ‡«πŸ‡·France Class E Pigmeat1.861.921.972.032.062.06Β·Β·+0.20
πŸ‡³πŸ‡±Netherlands Class E Pigmeat1.231.231.231.231.131.09Β·Β·βˆ’0.14
πŸ‡΅πŸ‡±Poland Class E Pigmeat1.711.701.661.641.581.47Β·Β·βˆ’0.24

Your call

What will VEZG be next round?

Community consensus

No calls yet this round β€” be the first.

Quick converter

Polish zΕ‚oty Β· PLN/kg
6.83 zΕ‚
US dollar Β· USD/lb
$0.85
British pound Β· GBP/kg
Β£1.36
Live-weight equivalent Β· Γ—0.79
€1.26

Indicative rates for orientation, not for settlement.

This week's publications

All times Central European (Europe/Berlin)

Mon

β€”

Tue

β€”

Wed

πŸ‡©πŸ‡ͺVEZG12:00

πŸ‡³πŸ‡±Vion12:00

πŸ‡³πŸ‡±DCA12:00

Thu

πŸ‡ͺπŸ‡ΊEU Class E Pigmeat12:00

πŸ‡¦πŸ‡ΉAustria Class E Pigmeat12:00

πŸ‡§πŸ‡ͺBelgium Class E Pigmeat12:00

πŸ‡©πŸ‡ͺGermany Class E Pigmeat12:00

πŸ‡©πŸ‡°Denmark Class E Pigmeat12:00

πŸ‡ͺπŸ‡ΈSpain Class E Pigmeat12:00

πŸ‡«πŸ‡·France Class E Pigmeat12:00

πŸ‡³πŸ‡±Netherlands Class E Pigmeat12:00

πŸ‡΅πŸ‡±Poland Class E Pigmeat12:00

πŸ‡ͺπŸ‡ΈMercolleida14:00

Fri

πŸ‡©πŸ‡°Danish Crown12:00

πŸ‡¨πŸ‡³ China publish irregularly.

Questions

+What is VEZG?

The weekly reference price for slaughter pigs in Germany, set by the producer association every Wednesday. Most European pork supply contracts settle against it.

+When do prices update?

VEZG decides on Wednesdays; the other markets publish Thursday and Friday. Each card shows when its source last published.

+What does /kg SG mean?

Schlachtgewicht β€” price per kilogram of carcass weight. Live-weight quotes price the whole animal, so they read lower.

Prices meet the marketplace

Quotations tell you where the market is. MeatBorsa is where you trade on it.